A jumbo loan is also known as a non-conforming loan because the loan amount exceeds the conforming loan limit of $417,000.
- Loan amounts available up to $3 million
- Fixed and adjustable rates available
- Various term options:
- 15,20 and 30 year fixed terms available
- 3/1 LIBOR ARM
- 5/1 LIBOR ARM
- 7/1 LIBOR ARM
- 10/1 LIBOR ARM
All loans are subject to credit approval. The conforming loan limit is set by the government and is subject to change based on the area where the property is located.